21-Sept-2026 12:58:40
SHRIRAM FINANCE LIMITED : TENDER OFFER FOR NOTES
• Company announces commencement of tender offers to purchase cash for up to US$300 million of 6.625% Senior Secured Notes due 2027 and up to US$160 million of 6.15% Senior Secured Notes due 2028. • The offers are part of liability management activities to optimize the company's balance sheet. • Purchase price for 2027 notes is US$1,000 per US$1,000 principal amount, plus US$11.50 additional interest and accrued interest. • Purchase price for 2028 notes is US$1,000 per US$1,000 principal amount, plus US$13.00 additional interest and accrued interest. • Tender offers expire at 5:00 p.m. (New York City time) on September 28, 2026, unless extended. • Expected Payment Date is on or around September 30, 2026. • Tendered notes accepted for purchase will be retired and cancelled. Impact: Neutral (Routine liability management activity with no immediate impact on financials.)
Shriram Finance Ltd
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